HCMC – HCMC is set to focus on preventing businesses from going bankrupt by putting in place specific measures from now until the end of this year, said the municipal government at a meeting on the city’s January-May socioeconomic situation held on June 4.

HCMC – The Ministry of Finance is compiling a draft decree on lowering the registration fees of locally assembled or manufactured autos by 50% until the end of this year and will consult other ministries before submitting it to the Government for approval.

CAN THO – Vietnam’s seafood shipments to the European Union (EU) may encounter losses of up to 10,000 euros (US$11,125) per container due to the impact of the European Commission’s (EC) yellow card on local seafood products, revealed information recently released by the Vietnam Association of Seafood Exporters and Producers (VASEP) on the country’s efforts to deal with illegal, unreported and unregulated fishing.

HCMC - Vietnam exported goods worth some US$99.4 billion and spent US$97.5 billion on imports from January to May, resulting in a trade surplus of US$1.9 billion during the period, according to data from the General Statistics Office.

HCMC – As free trade agreements (FTAs), including the EU–Vietnam Free Trade Agreement (EVFTA) that is about to be ratified by the Vietnam National Assembly, tend to be asymmetric in nature, there will be both winners and losers once the EVFTA comes into force.

CAN THO – The Ministry of Agriculture and Rural Development has issued a decision, creating a food safety control program for Siluriformes fish and fish products being exported to the United States, to help Vietnam’s Siluriformes inspection system meet the requirements of the United States.

HCMC – Due to positive signs apparent in China’s Covid-19 infection prevention efforts, its demand for goods from Vietnam is expected to soar, following the 22.1% year-on-year increase in Vietnam’s exports to China over the past four months, according to the Ministry of Industry and Trade.

After a year letting the private sector import rice on a “tax-based mechanism” instead of a quota-based mechanism in line with the G2G (Government to Government) regime, the Philippine side is considering a comeback to the previous regime (G2G) to import 300,000 tons of rice. Would this possible change strongly affect Vietnam’s rice exporters?

HCMC – A new study commissioned by Visa, the world’s leader in digital payments, has found Vietnamese consumers are using less cash and more digital payment methods, including new payment technologies, such as contactless cards and mobile payments, as well as mobile eCommerce payments.

HCMC – While the country’s fruit and vegetable imports in the January-April period dipped by 42% year-on-year, the purchase of these items from the United States soared by 44%, making it Vietnam’s largest fruit and vegetable supplier.